Nestlé dismisses CEO due to an inappropriate relationship with a subordinate

Swiss nutrient elephantine Nestlé said Monday it dismissed its CEO, Laurent Freixe, owed to an inappropriate narration with a subordinate.

The shaper of Nescafé drinks and Purina favored nutrient said successful a connection that the dismissal was effectual immediately. An probe recovered the undisclosed romanticist narration with a nonstop subordinate violated Nestlé's codification of conduct.

Nestle CEO Laurent Freixe speaks astatine a league during the World Economic Forum (WEF) yearly gathering successful Davos connected January 22, 2025. FABRICE COFFRINI/AFP via Getty Images

The nonstop subordinate was not identified.

Freixe had been CEO for a year, according to the company. He archetypal joined Nestlé successful France successful 1986, moving successful selling and sales. He aboriginal became the caput of the Nutrition Division of Nestlé France successful 1999. Freixe continued to enactment his mode up the firm ladder, becoming determination CEO of Nestlé earlier yet being appointed the apical presumption past September.

He volition beryllium replaced arsenic CEO by Philipp Navratil, a longtime Nestlé executive.

"This was a indispensable decision," said Chairman Paul Bulcke. "Nestlé's values and governance are beardown foundations of our company."

Navratil started his vocation with Nestlé successful 2001 arsenic an interior auditor and served successful a assortment of roles successful Central America. In 2020, helium joined Nestlé's Coffee Strategic Business Unit, and successful 2024, helium became CEO of Nestlé's Nespresso division.

• Nestlé